5 things to know before the stock market opens May 26, 2020

5 things to know before the stock market opens May 26, 2020

1. Dow to surge on coronavirus vaccine hopes Dow futures were pointing to a 500-point gain at Tuesday’s open to begin the holiday-shortened trading week as investors bet on the economy reopening and a coronavirus vaccine breakthrough. Shares of Novavax were...
Norwegian Cruise drops, cruise stock outlook

Norwegian Cruise drops, cruise stock outlook

Cruise lines are having a chaotic year. The three major cruise liners — Carnival Corp., Royal Caribbean and Norwegian Cruise Line Holdings — have been under pressure for months amid the coronavirus-driven shutdown, seeing their stocks each lose over 70% and being...
Carnival stock soars after Saudi sovereign wealth fund takes stake

Carnival stock soars after Saudi sovereign wealth fund takes stake

Carnival Cruise Line’s Carnival Ecstacy cruise ship is docked at the Port of Jacksonville amid the Coronavirus outbreak on March 27, 2020 in Jacksonville, Florida. Sam Greenwood | Getty Images Shares of Carnival Corp. jumped by more than 21% Tuesday before the...